Threadneedle launches European absolute return fund

Threadneedle Investments has added to its offshore range with the launch of the Threadneedle European absolute alpha fund, to be managed by equity manager Paul Doyle.

The firm says the launch comes following increased client appetite for a Ucits European equities absolute alpha product.

Doyle says: “Since we first launched the Threadneedle European crescendo fund in 2000 and the European apex fund in 2010, we have demonstrated that this particular high-conviction stock picking strategy has been successful in navigating both bear and bull market cycles whilst limiting volatility of returns.

“We are now pleased to offer investors access to the same strategy in a regulated, liquid and transparent format though the Threadneedle (Lux) European absolute alpha fund.”